The Wife of the embattled former Finance Minister, Ken Ofori-Atta has given possible timelines by which her husband would be able to honour the invitation by the Special Prosecutor to appear before his outfit in person. According to Prof Mrs Angela Ofori-Atta, after a successful surgery on June 13, Mr Ofori-Atta would requiure about 3 months to recover fully. “He has quite a bit of pain. We have to make sure his wounds don’t get infected. I think that they are expecting that he will be much improved after a while when the wounds heal. Then there would be a...
Fitch upgrades Ghana to ‘B-‘, outlook stable
Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘Restricted Default’ (RD). The Outlook is Stable. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Relations with Commercial Creditors Normalised: The upgrade of Ghana’s Long-Term Foreign-Currency IDR to ‘B-‘ from ‘RD’ reflects Fitch’s assessment that Ghana has normalised relations with a significant majority of external commercial creditors. Ghana restructured its USD13.1 billon Eurobonds in October 2024. About USD2.6 billion of non-performing external debt still needs to be restructured. Of this, Fitch considers USD700 million to be commercial debt, representing 5%...
We’re unwavering in our resolve to fully revive the economy – Ato Forson on Fitch upgrade of Ghana
Finance Minister Dr Cassiel Ato Forson has assured Ghanaians that the Mahama administration is unwavering in its resolve to fully revive the economy and deliver lasting relief and shared prosperity. He said this while reacting to the upgrade of Ghana’s economy by Fitch Ratings. “I assure you—this is only the beginning. We are unwavering in our resolve to fully revive the economy and deliver lasting relief and shared prosperity to you, the good people of Ghana,” he wrote on his X page. Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘Restricted Default’ (RD). The Outlook...
Israel-Iran war: Ghana being a net importer of fuel is at risk – Patrick Boamah
Member of Parliament for Okaikwei Central, Patrick Yaw Boamah, has warned that Ghana’s economy stands at risk following the Israel-Iran war. He notes that crude oil prices have already gone up by 7% in recent weeks, and Ghana, being a net importer of fuel, is at risk. “This could lead to higher pump prices, inflation, and further slow down economic growth, especially when the country is still struggling with fiscal deficits and rising public debt,” he told journalists in Parliament on Monday, June 16. Mr. Boamah also touched on the humanitarian and diplomatic challenges posed by the conflict. “I noticed...
I stand by the constitutional term limit for presidents – Justice Dzamefe
Supreme Court nominee Justice Senyo Dzamefe has affirmed his unyielding support for the constitutional provision on presidential term limits, emphasizing his respect for what is clearly outlined in the 1992 Constitution. Appearing before Parliament’s Appointments Committee on Monday, June 16, 2025, Justice Dzamefe was asked by Suame MP John Darko to share his views on Article 66(2) of the Constitution, which limits a person to two terms as President of the Republic of Ghana “Do you think this provision is subject to interpretation?” the MP asked. In response, Justice Dzamefe stated: “Mr. Chairman, the honourable member referred to the constitution,...
I am for the set up of tribunals; we need more of them – Justice Dzamefe
Supreme Court nominee, Justice Dzamefe has backed calls for the set up of regional tribunals to assist with justice delivery in Ghana. Article 142 (3) of the 1992 constitution stipulates that a Regional Tribunal shall be duly constituted by a panel consisting of the Chairman and not less than two other panel members. Appearing before the Appointments Committee for vetting on Monday, June 16, 2025 he said the tribunals will help reduce the case burden on the courts as more criminal cases will go to the tribunals. Justice Dzamefe explained that as Justice emanates from the people, it is only...
Massive ‘Ghost Names’ Scandal Rocks National Service Scheme—University Caught Listing Fake Students!
The National Service Authority (NSA) has uncovered a shocking case of corruption, implicating a public university in the ongoing ‘Ghost names’ scandal that has rocked the institution. Speaking in an interview on TV3’s Hot Issues on Sunday, June 15, 2025, NSA Director-General Felix Gyamfi disclosed that the university submitted fraudulent lists of non-existent students for national service placement. However, he refrained from naming the institution, citing potential legal consequences and concerns about damaging its credibility. “I could say to you today that there’s a particular public university in Ghana where a lot of the malfeasance occurred under their watch more...
Ghana Begins Evacuation of Citizens from Iran Amid Escalating Conflict
The Government of Ghana has commenced the evacuation of its citizens from Iran following intensified hostilities between Israel and Iran. The announcement was made by Foreign Affairs Minister Samuel Okudzeto Ablakwa, who stated that the evacuation is a precautionary measure to ensure the safety of Ghanaian nationals residing in the region. The evacuation plan, coordinated by Ghana’s diplomatic mission in Iran, will facilitate the relocation of students, professionals, business personnel, and other Ghanaian residents to neighboring countries via land borders. Priority is being given to families and individuals in high-risk zones, as concerns mount over the rapidly deteriorating security situation...
EC Chair Jean Mensa to Appear Before Parliament Over Ablekuma North Election Dispute
The Chairperson of the Electoral Commission (EC), Jean Mensa, is set to appear before Parliament’s Committee of the Whole this week to address the ongoing electoral dispute in the Ablekuma North Constituency. The dispute stems from irregularities in the collation of results during the December 7, 2024, parliamentary elections, leaving the constituency without a duly elected Member of Parliament. The situation has sparked controversy, with the Minority Caucus petitioning the Ghana Police Service to provide security for a transparent re-collation process. The opposition insists that resolving the issue will ensure fairness and credibility in the electoral process. Sources within Parliament...
Govt to deploy DRIP Machines for nationwide farm road construction – Agric Minister
The Minister for Food and Agriculture, Eric Opoku, has announced that earth-moving equipment procured under the District Road Improvement Programme (DRIP) will soon be deployed to construct farm roads across the country. He said all districts will be provided with fuel to operate the DRIP machines to ensure they are used for their intended purpose. Speaking to journalists in Kumasi on Sunday, June 15, Mr. Opoku revealed that the government will temporarily halt all major road construction projects in rural areas to make way for the DRIP equipment to be utilized effectively. “What we intend to do is to provide...